UnitedLex to invest Rs 25 cr for global expansion

The Gurgaon-based company also plans to open one more delivery centre in Gurgaon around September to further strengthen its global delivery network in legal consulting, analytics and outsourcing solutions, UnitedLex Chief Operating Officer Anup Bhasin said here.     

For consolidating its position globally in legal consulting, the company will be hiring over 800 professionals next year taking the headcount to 1,000 by the next year from the current 250 professionals.

The company will also invest over Rs 8 crore in building LexBase, a technology platform for legal industry.     

With the present revenue of around $10 million, the company is aiming to exceed $22 million by 2009.     

"UnitedLex has a unique team and their customers include over 15 global companies. So we are confident of earning a great business here," Canaan MD Alok Mittal said on the occasion here.     

The company mainly caters to the US market with small footprints in the UK as well. Riding on the back of a fast-growing eDiscovery market in the US, the company's revenue has been increasing by 5-10 per cent on a month-to-month basis.     

EDiscovery is a system in which the paper work is reduced to minimum and most of the work is automated to expedite the legal work.